Coquest

Your Daily Energy Report for July 9, 2026

Posted on 2026-07-09

Crude Oil

Crude Oil futures for August settled down -$1.44 or -1.959% at $72.08. Oil prices dipped on Thursday as market participants reevaluated supply threats stemming from renewed US–Iran conflict. This volatile regional climate, has abruptly propelled the Strait of Hormuz back to the forefront of global distribution anxieties.

 

​​​​​Natural Gas

Natural Gas futures for August settled down -$.02 or -6.227% at $3.012. Natural gas prices fell today, heavily weighed down by an upcoming maintenance shutdown at Texas’s Freeport LNG terminal and a surprisingly bearish inventory build.

 

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